There may not have been much news about Mineworx Technologies Ltd (OTCMKTS:MWXRF) (TSXV: MWX) (FSE: YRS WKN: A2DSW3) in recent days but back on April 6, the company had actually come into focus after it had made a key announcement.
The company announced at the time that it was going to start operations at its facility located in Johnson City in Tennessee. The company also noted that since all the equipment and building permit approvals had been awarded, it had decided to go ahead with the commencement of the work. As of April 6, Mineworx announced that the systems as well as the new components at the site were going through testing protocols.
The testing was being done so that the equipment could meet all the specifications as well as the safety requirements. The pilot trials with regards to the optimization will be able to confirm or disprove the data that had been generated by Mineworx last year in Vancouver.
It was an important announcement from the company and one that may have led to considerable optimism among shareholders. At this point in time, it may be a good idea for investors to consider adding the stock to their watch lists and keep an eye on further developments as and when they come along.
Recently the company also provided an update with regards to its latest webinar that was held back on April 11. Mineworx noted that the main aim of the call was to provide an introduction to the Iron Bull Mining team. In addition to that, the company also provided a summary of some of its recent achievements at the corporate level.
Mineworx confirmed that the webinar was well attended. It may now be interesting to see if the stock comes into focus among investors in any big way or not over the coming days.
